Taxes in Ocala
Florida's no-state-income-tax rule applies fully in Marion County, and property taxes here run close to the statewide norm -- 2025 data puts Marion County's total effective property tax rate at roughly 1.08%, driven by a total millage of about 12.08 mills, of which the county's own general-fund portion has held flat at 4.29 mills for four straight years.
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Learn moreNo State Income Tax
Florida levies no state personal income tax, a rule that applies statewide, including all of Marion County. This applies equally to wages, retirement income (pensions, 401(k)/IRA withdrawals, Social Security), and investment income -- a significant factor in Ocala's draw for retirees specifically, covered further on the retiring topic page.
Property Tax Millage: County, School, and Total
Marion County's Board of County Commissioners set the tentative countywide general-fund millage rate at 4.29 for fiscal year 2025-26 -- flat for the fourth consecutive year, per 352today reporting on the July 2026 budget hearing. That county rate is only part of the bill: the 2025 total millage across all taxing authorities (county, schools, municipalities, special districts) is roughly 12.08 mills, of which about 6.55 mills fund schools, with the remainder covering county, city, and special-district services.
Effective Rate and a Note on the Statewide Comparison
At the 2025 total millage of 12.08 mills with Florida's standard $50,000 homestead exemption applied, the effective property tax rate works out to roughly 1.08% of assessed value, per tax-calculator aggregator data. That runs somewhat above the 0.79% statewide Florida average figure cited elsewhere on this site -- both figures come from different sources and methodologies (statewide average vs. Marion-County-specific millage calculation), and the gap is disclosed here rather than reconciled by picking one arbitrarily; a Marion County property owner should expect their actual bill to track closer to the county-specific 1.08% figure.
Rising Property Values
Marion County's total property value hit a record $28.01 billion in 2025, up 14.02% in a single year, per county reporting. Rapid value growth like this raises the tax base even when millage rates stay flat, meaning individual assessed values -- and bills -- can rise even in a year the county holds its own millage rate steady, subject to Florida's homestead 'Save Our Homes' assessment cap for owner-occupied primary residences.
Key takeaways
- No Florida state income tax applies to wages, retirement income, or investment income for Marion County residents.
- Marion County's general-fund millage rate is 4.29 for FY2025-26, flat for the fourth straight year; the 2025 total millage across all taxing authorities is about 12.08 mills.
- The resulting effective property tax rate is roughly 1.08% of assessed value with the standard homestead exemption -- somewhat above the 0.79% statewide Florida average cited elsewhere on this site; both figures are disclosed rather than reconciled.
- Countywide property value hit a record $28.01 billion in 2025 (up 14.02% YoY), which can raise individual tax bills even when millage rates hold flat.
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